Bank of America Merrill Lynch and Barclays were the two strongest performers in generating commoditiesrevenue year-on-year in 2012, Coalition said.

The report highlights how global investment banks fared in aparticularly difficult year as clients' trading activity incommodities shrank on increasing concerns of regulation andcapital requirement following the collapse of MF Global.

Commodity trading revenues at leading Wall Street firmscrashed last year to their lowest on record as limited priceswings in markets squeezed the once dominant traders of Goldman,JPMorgan and Morgan Stanley.

In February, Coalition said that revenue from commoditiestrading at global investment banks fell by a quarter last yearfrom 2011, making the asset class the worst performer in thefixed-income business of banks.

A Coalition spokeswoman said the firm will release anotherreport on Friday to show the product-by-product revenuebreakdown of banks in 2011.